Feb.
29:
Marathon
Digital
Holdings,
a
publicly-traded
bitcoin
mining
firm,
disclosed
it
has
been
incubating
Anduro,
a
new
programmable,
multi-chain
layer-2
network
atop
the
Bitcoin
blockchain.
It’s
a
“platform
built
on
the
Bitcoin
network
that
allows
for
the
creation
of
multiple
sidechains,”
according
to
a
press
release.
“Marathon
is
already
developing
the
first
two
sidechains
on
Anduro,
Coordinate
and
Alys,
which
can
be
further
developed
by
open-source
contributors.
These
chains
demonstrate
Anduro’s
flexible
programmability.
Coordinate
offers
a
cost-effective
UTXO
stack
for
the
Ordinals
community,
whereas
Alys
is
an
Ethereum-compatible
chain
for
institutional
asset
tokenization.
Anduro’s
sidechains
utilize
a
process
called
merge-mining.
Participating
miners,
like
Marathon,
may
be
able
to
earn
Bitcoin-denominated
revenue
from
transactions
that
occur
on
Anduro’s
sidechains
while
continuing
to
mine
bitcoin
on
the
base-layer
uninterruptedly.”
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